FESX Trading Journal Using GOM Indicators - Trading Journals | futures io social day trading
futures io futures trading


FESX Trading Journal Using GOM Indicators
Updated: Views / Replies:10,813 / 107
Created: by hadamkov Attachments:76

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 76  
 
Thread Tools Search this Thread
 

FESX Trading Journal Using GOM Indicators

  #91 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 3

Back after a short pleasant family break, I can see not much change. The market is stuck in a longish range with light volume (though the last trading day showed a bit of an increase).

We jumped off the low of the range (2400) - obviously, such a nice round number , also maybe because the ceiling created by sell limit orders was eaten up by the markets orders. So this attempt to drive the market lower was not successful. We are now back in the middle of the range.

Important buying/selling zones are 2400, 2417, 2450, 2463.

Happy trading.

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_03092012.png  
Reply With Quote
 
  #92 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 4

Light volume (obvious - US public holiday).
Rally heading to the longer timeframe range high (2500). Selling activity evident when nearing the top, however only light for now.

Important zones remain almost intact:
2433
2450
2463-66
2480
2500

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_04092012.png  
Reply With Quote
 
  #93 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

Observation


It is almost midday.
Balanced trading, signs of limit selling vs. market buying from the morning. Now trading below value from previous range (2469).
Limits may mean covering the longs. No decisive action seen yet.

Reply With Quote
 
  #94 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 5

We are back down from ex POC (2466) at the current POC (2433). This POC is very strong since it has already been a POC before (August 7-17) so we might as well travel down to the range low (2400). Today, I would expect further fall down towards the range low, however, there will probably be a bit of a fight near the POC. (If I traded ), I would follow what limits and markets were doing to determine the balance or imbalance.

Happy trading.

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_05092012.png  
Reply With Quote
 
  #95 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 6

Balanced and neutral day yesterday with a small selling tail, more limit selling at the EOD as well as generally more limit selling throughout the current range (2400-2470). From the long-term perspective it could mean a way down, however we still need some more volume to get below the current POC (2435-38) (we are now above). The preferable direction is down.
The area 2431-2438 is full of volume. It will need a lot of initiative selling to get through. We will see if we get it in the coming day/days.

Zones:
Selling:
2453
2466

Buying:
2435-38
2421
2431

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_06092012.png  
Reply With Quote
 
  #96 (permalink)
Elite Member
Quebec, Canada
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: Futures
 
CoinCoin's Avatar
 
Posts: 28 since Nov 2011
Thanks: 30 given, 12 received

Great Journal

Keep up the good work sir !

Reply With Quote
The following user says Thank You to CoinCoin for this post:
 
  #97 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 7

Trend day yesterday. Seeing the movement after posting my PMA I would not dare go short (if I traded...), though mentally I doubt I would be able to jump on. I have still a lot to learn about handing uncertainty and risk...

Yesterday, the LTF POC proofed to be a strong support with enough volume preventing the fall. And also here goes the saying "If it ain't go down, it will go up."

We are at the LTF range high with market as well as limit buy orders volume twice as large as last time at this price. This may indicate some still strong upmove. So if there is any weakness in the up move, it should be halted strongly enough and would need much much more volume to go down. Or a complete change in the mood.

2550 is a strong support changed into resistance from last year, also some profit taking will surely happen. I would assume some balancing today.

Happy trading.

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_07092012.png  
Reply With Quote
 
  #98 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 10

Friday was a break-in-trend day after an upmove, also after a hit of strong resistance (high of a very long-timeframe range). Despite that markets were buying the whole day, limits were strong on the sell side and the markets could not hold the market up despite of heavy trying. It was probably not "ceiling eating" but limits selling at constantly lower prices.

The fight is not over, there is a strong support now at 2524-29 and 2500(-2510). There we will see who currently wins.

Happy trading.

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_10092012.png  
Reply With Quote
 
  #99 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 11

Limits kept selling and markets kept trying to hold the price by buying but without much success. We closed below previous LTF VA high which now can be a strong resistance. If the market is not able to push through it up again, we are heading down.

Important zones:

Buying
2506-2510
2493

Selling
2529-2530
2544

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_11092012.png  
Reply With Quote
 
  #100 (permalink)
MATrader
Prague Czech Republic
 
Futures Experience: Beginner
Platform: S5 Trader, Jigsaw, SeasonAlgo, Sierra Chart
Broker/Data: IB/OEC
Favorite Futures: Eurex Futures
 
hadamkov's Avatar
 
Posts: 489 since Nov 2011
Thanks: 859 given, 391 received

PMA for September 12


Price is now ahead of value, finally there was a clear sing of "ceiling eating" with the markets able to move the price higher. We will see if there are any more sell limits up there or if they finally give up and start buying, too. The overall volume is not very large but there is no convincing responsive selling at the top of the newly formed short time-frame range.

Important zones:

Selling
2600-2606
2576-2580
2558-2564

Buying
2545-2547
2530

Attached Thumbnails
FESX Trading Journal Using GOM Indicators-pre_market_for_12092012.png  
Reply With Quote

Reply



futures io > > > FESX Trading Journal Using GOM Indicators

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Journal - FESX using GOM indicators hadamkov Elite Trading Journals 4 March 3rd, 2012 12:00 PM
FESX Daily Journal estx50 Elite Trading Journals 2 March 1st, 2012 12:50 PM
Gom CD indicators gmorgan111 The Elite Circle 31 February 21st, 2012 05:42 PM
GOM INDICATORS Scottiep Traders Hideout 2 September 16th, 2011 08:42 PM
Gom Indicators gmorgan111 The Elite Circle 2 May 27th, 2011 01:38 AM


All times are GMT -4. The time now is 08:04 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.14 seconds with 20 queries on phoenix via your IP 54.234.255.29